Sales volumes on the Italian primary market have already exceeded those for the whole of 2024.

 Turnover for investment certificates sold on the Italian primary market reached €8 billion (US$9.3 billion) in the third quarter of 2025, according to the latest figures released by the Italian association for certificates and investment products ( Associazione Italiana Certificati e Prodotti di Investimento – Acepi ). Volumes were the second highest recorded ever, trailing only the €9.4 billion recorded in Q2 2025 Sales increased by 47% compared to the prior year quart